|Bid||0.00 x 1500000|
|Ask||444.00 x 1500000|
|Day's Range||442.20 - 451.00|
|52 Week Range||292.00 - 513.00|
|PE Ratio (TTM)||264.06|
|Dividend & Yield||N/A (N/A)|
|1y Target Est||N/A|
Bank of America Corp. (BAC) has agreed to pay $2.5 million and make changes to report suspected conduct to the federal government. Jill Westmoreland Rose, U.S. Attorney for the Western District of North Carolina, announced the settlement Friday. The settlement resolves a U.S. investigation into trading activity by the bank’s “swaps desk” in New York City.
The Fed’s latest dot plot is auspicious news for investors in banks such as Bank of America and JPMorgan Chase.
Bank of America shares could break out from key resistance levels following a hawkish Federal Reserve meeting.